$INIT /USDT – LONG TRADE SIGNAL
STRONG REBOUND FROM $0.4765 SUPPORT
FIRST GREEN CANDLE AFTER CONSISTENT SELL-OFF
VOLUME STARTING TO BUILD AT THE BASE
INIT has held the $0.4765 support zone and printed its first strong green candle after a sustained downtrend. This suggests short-term selling exhaustion and the potential for a relief bounce.
🟢 Long Trade Setup
• Entry Zone: $0.4940 – $0.5000
• Take Profit: $0.5170 / $0.5280
• Stop Loss: $0.4740
Market Outlook:
If INIT continues to hold above $0.49, bullish momentum could push it toward the previous resistance levels. Breakout confirmation above $0.505 will strengthen the setup.
